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FICCI EY 2022
Global streaming platforms trade control for scale in India’s OTT marketStreaming powerhouses are choosing to partner with Indian digital platforms, looking to delve into the rapidly expanding OTT market without...
AWS backs spacetech opportunity in India; expands accelerator programmeThe 10-week programme will support 40 space-focussed startups in the early and growth stages across India, Australia, New Zealand, and Japa...
Indian space economy to reach $44 bn by 2033: FICCI-EY reportIndia aims to grow its space economy from $8.4 billion in 2022 to $44 billion by 2033, driven by policy reforms, private sector participati...
Not theatrics, meaningful content to drive fortunes of film industryAccording to the latest Ficci-EY media and entertainment report, footfalls in theatres (single screens and multiplexes) have fallen by 9% t...
Rising costs make OTT companies go selective on contentRising content costs and focus on balance sheet impact the share of revenue from digital rights in India's media and entertainment companie...
'SMBs to adopt streaming TV for marketing'According to a FICCI-EY report, the digital ad spend by SMBs in India is expected to double from around '18,000 crore in 2022 to '36,000 cr...
Tariff hikes may push up cable, DTH companies subscription revenueThe tariff hike by cable and DTH operators in India is expected to boost their subscription revenue, as TV broadcasters have increased thei...
Regional cinema goes mainstream as Bollywood lagsIf one takes into account the latest statistics on box office collections, this seems to be an unambiguous trend. According to the latest F...
Indian M&E sector crossed Rs 2 trillion revenue mark in 2022: FICCI EY reportThe Indian Media and Entertainment (M&E) sector grew 20% in 2022 to reach INR2.1 trillion (US$26.2 billion), 10% above its pre-pandemic lev...
DTH companies to raise prices in a staggered manner"Prices will increase by 5-6% for most customers, after remaining the same for the last 4 years. Despite broadcasters taking a higher hike,...
I&B sector sees FDI worth ₹1,766 cr in 9 months of '22The ministry of information and broadcasting (MIB) is the nodal ministry for the formulation of FDI policies in the broadcasting, film, pri...
Trai moots renewal of cable company registration after 10 yearsThe regulator noted that there are 1753 registered multi-system operators (MSOs) out of which 1100 are operational. MSOs are intermediaries...
India Inc seeks to use CSR funds for staff vaccinationThe recommendation came from the industry association FICCI and consultancy firm EY, who have estimated that 30 crore (22% of population) p...
Game on for Telecoms
IoT tech’s big billion days are comingKey industries for IoT in India are expected to be utilities (water and electricity), manufacturing, transport and logistics, automotive in...
Employees need to re-skill multiple times to stay relevant: ReportIn the survey on the significance of re-skilling, 94% of chief HR officers said Indians workers need to re-skill themselves to stay relevan...
IT-BPM employees will need new skills to survive: EY & Nasscom studyThe IT-BPM sector would hire at a rate of 3-3.5% a year, compared with the historical rate of 6%-6.5%, taking the total headcount to 4.5 mi...
'25% jobs in BFSI to face existential threat by 2022'According to Future of Jobs report, 20-25 per cent of existing jobs in banking, financial services and insurance (BFSI) sector will face ex...
20-25% retail jobs would require new skills by 2022: ReportThe potential roles that the retail industry respondents have listed are retail data analyst, digital imaging leader, IT process modeller, ...
By 2022, 9% Indians will be in jobs that do not exist today: ReportAccording to the FICCI-Nasscom & EY report, there would be a job slowdown for the next two years as companies struggle to restructure their...